AUDUSD Daily Analysis – July 20, 2018

by ForexCycle.com | July 20, 2018 2:31 am
AUDUSD is facing 0.7310 support, a breakdown below this level could trigger further downside movement to 0.7200 area. Resistance is at 0.7380, only a break of this level could bring the price back to next resistance level...

AUDUSD Daily Analysis – July 19, 2018

by ForexCycle.com | July 19, 2018 4:53 am
AUDUSD failed to break below 0.7310 support and rebounded strongly from 0.7343, facing the resistance at 0.7442. A break of this level would confirm the downtrend from 0.7483 is complete, then the following upside movement could take...

AUDUSD Daily Analysis – July 18, 2018

by ForexCycle.com | July 18, 2018 2:49 am
AUDUSD is facing 0.7360 support, a breakdown below this level could take the price to next support level at 0.7310. Resistance levels are at 0.7420 and 0.7442, only break above these levels could trigger another rise towards...

AUDUSD Daily Analysis – July 17, 2018

by ForexCycle.com | July 17, 2018 2:27 am
No changed in our view, AUDUSD remains in the downtrend from 0.7483, as long as 0.7450 resistance holds, the bounce from 0.7360 could be treated as consolidation for the downtrend. Another fall could be expected after the...

AUDUSD Daily Analysis – July 16, 2018

by ForexCycle.com | July 16, 2018 3:02 am
AUDUSD remains in the downtrend from 0.7483, the bounce from 0.7360 is likely consolidation for the downtrend. A breakdown below 0.7360 support could trigger another fall towards 0.7300. Resistance is at 0.7450, only a break of this...

AUDUSD Weekly Analysis – July 15, 2018

by ForexCycle.com | July 15, 2018 9:39 am
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7310 is likely consolidation for the downtrend. Further rally to test the resistance of the falling trend line on the daily chart is possible in the coming...

AUDUSD Daily Analysis – July 13, 2018

by ForexCycle.com | July 13, 2018 12:55 am
AUDUSD is facing 1.7420 resistance. A break of this level would indicate that the downside movement from 0.7483 had completed at 0.7360 already, then another rise towards 0.7600 could be seen. However, as long as 0.7420 resistance...

Elliott Wave Analysis: Is AUDUSD Ready to Resume Lower?

by elliottwave-forecast.com | July 12, 2018 10:19 am
AUDUSD short-term Elliott Wave view suggests that the decline to $0.7308 low ended Intermediate wave (A) of a possible Zigzag structure coming from 6/06/2018 peak ($0.7676). Above from there, the 3 waves recovery to $0.7484 high ended Intermediate wave (B) bounce....

AUDUSD Daily Analysis – July 12, 2018

by ForexCycle.com | July 12, 2018 3:42 am
AUDUSD extended its downside movement from 0.7483 to as low as 0.7360. Further decline could be expected in the coming days and next target would be at 1.7300 area. Resistance is at 0.7420, only a breakout of...

AUDUSD Daily Analysis – July 11, 2018

by ForexCycle.com | July 11, 2018 2:32 am
AUDUSD broke below 0.7420 support, suggesting that the upside movement from 0.7310 had completed at 0.7483 already. Further decline would likely be seen in a couple of days and next target would be at 0.7300 area. Resistance...